US EditionDaunted by geopolitics and trade war, US companies in China report record-low new investment plans
UNITED STATES, JUL 16 – The U.S. permits Nvidia to sell some advanced chips to China to influence rare earth negotiations while maintaining restrictions on the most powerful models, officials said.
- A US-China Business Council survey released Wednesday showed American companies in China report record-low new investment plans for 2024.
- This downturn comes amid persistent geopolitical strains, such as U.S. tariffs and export restrictions, coupled with China's reduced economic growth and lackluster internal market activity.
- A poll of 130 major member firms carried out from March to May found that 27% now intend to move their operations out of China, an increase from 19% recorded in the previous year.
- Kyle Sullivan said, "That's a record high" in companies with no new investment plans, while Sean Stein noted rising risks and said export controls must be carefully targeted.
- The results suggest growing uncertainty may reduce US business engagement in China despite both countries' interest in maintaining robust American investment.
21 Articles
21 Articles
Japan Today
Biz RepublicDaunted by geopolitics and trade war, U.S. companies in China report record-low new investment plans
American companies in China are reporting record-low new investment plans for this year and declining confidence in their profitability, with uncertainty in U.S.-China relations and President Donald Trump’s…
Ticker: US companies reducing investments in China; Wholesale inflation cools
American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, while uncertainty in U.S.-China relations and President Donald Trump’s tariffs have become their top concerns, according to a business survey released Wednesday. The companies are also challenged by China’s slowing economy, where weak domestic demand and overcapacity in local industries are eroding profitability for the Am…
Associated Press News
Faced with geopolitics and trade war, US companies in China report record-low new investment plans
American companies in China are reporting record-low investment plans and declining confidence in profits this year. A survey by the U.S.
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